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DataWizards wow at ITWeb Security Summit hackathon

The winning team developed a real-time fraud detection solution, using machine learning to flag anomalous behaviour.

Spar outlet gets crypto-currency ATM

The machine allows users to purchase digital currencies like Bitcoin, Litecoin and Ethereum with the South African rand.

SA a testing ground for attacks on banking sector

As a relatively advanced player, it is used to assess methods before employing them on more vulnerable entities, says TYMEDigital.

Adopting the right tech critical to success

Banks across Africa face many compliance and risk challenges, but the implementation of an effective Risk and Finance Platform can help them to stay relevant in a rapidly changing market.

Open an FNB account with a selfie

The bank introduces new digital innovation solutions, including an option to switch or open an account by taking a selfie through its app.

LPI updates core Linux certification

The Linux Professional Institute has announced major exam updates for its LPIC-1 certification.

Banks will be the first to adopt blockchain

Because blockchain will change how value is exchanged, it makes sense that banks will be the first to jump in, says Red Hat.

Capitec, FNB at loggerheads over biometrics claim

First National Bank claims to have this week launched the first ATMs that use biometric identification in SA; a claim Capitec strongly disputes.

Man vs machine in the investment world

Algorithms can be used to trade billions of dollars in nanoseconds, and also to make decisions on where to invest funds, instead of consulting humans.

MyCybercare debuts ID theft protection solution

8 May

More than 7.1 billion identities have been exposed in data breaches since 2010, a number that is growing daily, says MyCybercare.

Buffett bashes Bitcoin as thriving on mystique

Billionaire investor Warren Buffett says Bitcoin buyers thrive on the hope they will find other people who will pay more for it.

Safaricom pilots messaging app linked to mobile money

In an attempt to move the company into the application business, Safaricom tests a social messaging app that will link to M-Pesa.

Video: Big data and analytics at work in financial industry

By taking advantage big data and analytics, banks can generate new revenue streams.